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Trump Just Caved at the Worst Time…

21m 53s

Trump Just Caved at the Worst Time…

Wise is presented as a reliable, transparent alternative for international money transfers, offering competitive exchange rates and no hidden fees, in contrast to misleading claims from other providers. The broader geopolitical context highlights escalating tensions between Iran and the U.S., with Iran launching multiple tanker attacks in key oil routes, disrupting supply chains and increasing costs. U.S. military losses in the region have risen sharply, with official reports now indicating 81 aircraft destroyed or damaged, challenging prior claims. Meanwhile, U.S. political figures, including Marco Rubio and Trump allies, face criticism for promoting military sales and deflecting scrutiny on allegations of corruption, such as ambassador Kimberly Gilfoyle’s alleged debt-for-access dealings. Trump’s public statements about allowing attacks on major cities are seen as dangerous and irresponsible, while his personal investments in tech firms like Meta and SpaceX contrast with his administration’s aggressive foreign policy. A growing public backlash emerges, especially in key states like Ohio, where his approval has dropped significantly. The narrative underscores widespread distrust in the Trump administration’s transparency, accountability, and foreign policy, even as it continues to influence markets, military actions, and political funding. These developments collectively signal a deepening crisis in both international relations and domestic political legitimacy.

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3742 Words, 21050 Characters

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Support comes from wise, the smart way to manage the currencies you need around the world. Your life is global. Your money should be too. Some providers promise no fees on overseas transfers. Don't be fooled. Extra costs often hide and blow to exchange rates. Choose wise. You can send, spend, and receive money in over 40 currencies. Count on the exchange rate that you'd usually see on Google. That's how millions save billions on hidden fees. Be smart. Get wise. Visit wise.com. T's and C's apply. Surprise, surprise. Donald Trump caved yet again on Thursday morning as the price of oil surged 5% this morning as treasury yields continue to surge to new record highs as well. Donald Trump posted the following message. We are having productive discussions with the Islamic Republic of Iran. I want to make it clear to everybody that while Iran is in very bad condition both economically and militarily and while the blockade will remain in full force and effect with oil flowing in record numbers of barrels through the Hormous straight 22 million barrels last night alone with not one barrel coming from or going to Iran. We will not be attacking Iran at any time prior to the mid term elections to be held in the United States on November 3rd. Iran will not have a nuclear weapon. Now if you look at Donald Trump's statement right there is already filled with lie after lie. 22 million barrels of oil did not go through the straight of Hormous last night. What did happen last night in the Gulf of Oman by the coast of Fujera about 30 nautical miles east. Iran was able to strike a stationary tanker there earlier in the day yesterday. Iran struck a tanker off the coast of Qatar another stationary tanker. In the past eight days there have been about 15 tankers that have been struck by the IRGC and cost about $1.5 million a day for these very large crude containers to be utilized to take the crude out of the straight of Hormous and the captains are charging about $100,000 per day with a $50,000 bonus. The price of gas continues to rise. The price of diesel continued to rise. It's more market manipulation from Donald Trump right there. Now the governor of the central bank of Iran this morning trolled Treasury Secretary Bessent and in an interview he said, "Tell Mr. Bessent, we only have three days left. Actually, he only has three days left." Tell Bessent, he only has three days left. Iran's nuclear chief says Tehran will not give up its rights to uranium enrichment or hand over its uranium stockpile. And this morning Iran's foreign minister Abbas Eragqi said, "The negotiations are still ongoing and messages are being exchanged through mediators. We presented our own proposal which we called the seven day plan and also heard the American side's views on it. We are currently reviewing the American's views and I think we will provide our response within the next few days. Other major developments this morning, the main airport in Riyadh, the King Khalid airport was struck by the Houthis and this follows multiple other strikes this week by the Houthis Ansarala in Saudi Arabia in Abha and also in King Khalid that actually resulted in the death of numerous people in Saudi Arabia. But we're actually getting images right now of the Houthis strike that hit a stationary aircraft at the Riyadh airport in Saudi Arabia. You can see right there. We're getting sentinel to satellite imagery confirming damage on fuel tanks at the massive integrated oil refinery and petrochemical complex located in Saudi Arabia. But sure, Donald, more oils getting out from the Middle East than ever before. That's why you are doing emergency drawdowns of the US strategic petroleum reserve and Europe's diesel and crude petroleum strategic petroleum reserve as well. Now, Iran's foreign minister, Iraq, she also posted the following message after the US Congressional Research Service updated its prior report showing that far more military aircraft were lost based on their assessment than what they reported just a little while back. This is what Iran's foreign minister, Iraq, she posted in May. The Congressional Research Service admitted that Iran's armed forces had taken out 42 US military aircraft. Now they're saying it's 81. The real toll is far higher proof. Send come, won't let a sitting senator inspect bases. It claims are fine. You can fool all of the people some of the time dot, dot, dot. That's right. The US military has lost or sustained damages to 81 aircraft during this catastrophic war with Iran with losses valued at between 1.9 billion to 3.3 billion according to the Congressional Research Service report that was just released and updated its May report. More than half were MQ9 reaper drones while the F-35 fighter jet and E3 century surveillance aircraft and 8 lightly damaged F-15 fighters were also included when they say lightly damaged. It reminds me like right now what they're saying in Saudi Arabia. They're saying the King Khalid airport was not struck by the hoodies like I'm showing you the video of what it looks like. They said it was just drone debris that fell on elementary schools and medical centers here. That's what actually went down. Lots of people in Saudi Arabia, US citizens are saying they're not even getting alerts right now regarding the on-Sarala Houthi strikes within Saudi Arabia. By the way, the reference by foreign minister Aragjee to the US Senator who has denied access to US bases. That Senator Chris Murray Murphy who was in the Middle East for a trip and he requested access to AUD bases in Saudi Arabia and elsewhere and Pentagon refused to give him access. Meanwhile, more clips are being released this morning of Donald Trump after he left that disastrous and bizarre event he held in San Antonio, Texas. In this interview, he continued to repeat that line where he's like let them hit Los Angeles, let them hit a place like San Diego. And then you have all these corporate media people saying what he's actually meaning to say is he wants to protect the cities. That's what he's saying. Anyway, this is what he said. This just got released this morning. Let's play it. The thing is I had to do a rant because they would have had a nuclear weapon and then you would have found out what problem I say it all the time and let's see what would happen if they ever did something like to Los Angeles or San Diego. Those seem to be the most prominent because of location and I'm talking about the new missiles. That would be terrible if a thing like that. But then you want to see problems. Let them hit Los Angeles or let them hit a place like San Diego, let them hit one of our major cities. That's called a problem. And then Donald Trump's like people love data centers. We need to have them everywhere. Trump's like, you know, you just got to tell the data centers. Just tell the people in the community you're going to help them or the way you do where you defraud people and you say, oh, I'm going to give you this and I'm going to give you that. And then you just lie, you steal people's lobes and bread, then you dangle a breadcrumb in front of them. And then you never even give them the breadcrumb. Yeah. Sounds like communism, authoritarianism to me. Here's what Donald Trump said here. Play this clip right here. No, I don't think so. And I think what happens is the company should pay communities a lot of money, whether it's educational money or money directly to people that live there through like a dividend or something. And the data centers would be very popular. People don't mind the data center. The problem with that is that they're so good and they're bringing our country so far advanced, but let the communities benefit. And I want to tell all the companies that they have plenty of money, make contributions toward the community and the communities will love them. Meanwhile, you have US Secretary of State Marco Rubio. He's in Portugal begging them to buy US F 35s. That's where we've come as a nation where he's got to like, do a pitch. Please buy our F 35s and not Sweden's grievance or not other European fighter jets as we've been reporting on the Midas Touch Network. A lot of countries do not view the United States military equipment as reliable. If you buy an F 35, for example, you have to rely on US maintenance. So there's a lot of people who are worried that the Trump regime puts kill switches into the airplanes or that they won't provide the maintenance or they'll use the military equipment as leverage in future trade attacks or other attacks. But when Rubio was there, he was leaving Greece to go to Portugal, Rubio was asked about all these allegations about the ambassador to Greece, Kimberly Gilfoil, Don Juniors, ex-girlfriend, and watch how Rubio responds right here. Play this clip. I know the game, okay? The game is someone gives information to a newspaper or in media outlet. The media outlet reports it. You immediately turn to me and say, I need you to respond to our reporting. That's not the way this process works. Like, our job is not to respond every time someone decides to give the media something without any advance warning, without having any chance to look at it and see what's in there. That's not the way you run an organization, and that's not a serious way to conduct the policy of our country. So I'm not gonna comment on a story that literally posted a few hours ago. I get the game, okay? I've been in this for a long time. With an hour, some member of Congress will write you a letter demanding you answer questions to something we've never seen before. I don't even know if it's true or not true, so it's just not gonna work that way. And it most certainly is not gonna work that way when I'm sitting in another country, all right? - That's a very interesting answer. - Mr. Secretary, it's a very recent IG investor. - I am, guys, I'm not playing this game with you, okay? You guys write a story, and then your editors tell you, make sure you get a comment from him on something we haven't seen, okay? You guys are not gonna be our only source of information in the world, I'm sorry to tell you that. And so I want you to understand, no, that's not the way the process is gonna work. - If you're busy like me and don't always fit in on nutritious meal during the day, you need to give this next story a listen. This podcast is sponsored by Brodo. Brodo Bonebrough is the simplest nutrition upgrade you can make to your daily routine. Their broths are made from scratch, no concentrates, preservatives, or shortcuts. So you get the best broth, money can buy. Brodo had humble beginnings. When award-winning chef Marco Canora started selling hot broth out of the window of his New York City restaurant 11 years ago, he had no idea it would lead to a national bone broth craze. Since then, the Brodo window has served millions of happy customers. Now they're offering Brodo broth in a handy format. That can be shipped nationwide right to your door. So you don't have to go to New York to enjoy chef Marco's creation. My favorite flavor from the sampler pack Brodo sent me was their chicken bone broth. It was rich, savory, and just straight up delicious. Brodo's bone broth literally tastes like something that you'd get at a restaurant. The quality is that good. Bonebrough truly helps me. My tummy gets less aches and pains now with Brodo. And Brodo comes in 11 delicious flavors from the classic chicken, to the spicy no-na, to more creative blends like ginger tumeric, urban fused, or veggie-based broths. I recommend trying their sampler pack so you can figure out for yourself which flavors are your favorite. I've started replacing my mid-afternoon snack with a cup of Brodo, and it honestly keeps me going through the rest of the day without a problem. I notice a huge difference in my day when I drink Brodo versus when I don't drink Brodo. Shopped the best broth on the planet with Brodo. Head to brodo.com/mitus for 20% off your first subscription order and use code Midas for an additional $10 off. Once again, that's Brodo.com/mitus for 20% off your first subscription order and an additional $10 off if you use my promo code Midas. Meanwhile, Eric Dieters, who had those communications with Kimberly Gilfoyle, and were the text messages between Dieters and Gilfoyle that was turned over to the Wall Street Journal. He participated in the interview with the Wall Street Journal. Here's what he had to say this morning moments ago. Kimberly Gilfoyle is a grifter. Kimberly Gilfoyle, I have no doubt has done this to more than me. She's doing it right now in Greece. I know Corey Lewandowski did this stuff. I know Kristina-- More from Dieters over here play this clip. Is how they, along with their father, are getting rich out in the open with crypto and everything else. President Trump said he hated crypto. His son's getting crypto. Now, he loves crypto. In my opinion, Hunter Biden and Joe Biden were shadow-grifters. The Trumps are in the open. I mean, they're all-- it's the same thing being done in a different way. Jared Kushner, $3 billion fund from Saudi Arabia. After he negotiates the Abraham Accords, I'm a Midwest farm boy. I'm a good dude. I don't like their yuck-yuck world. You could pay me to go back to Marlago. Then you had JD Vans giving a deranged speech earlier this morning in Washington, D.C. He was asked about Kimberly Guilfoyle. Watch what he had to say, play this clip. Thank you, Mr. Vice President. Do you have any reaction to a US government official-- in this case, a US ambassador-- asking someone to pay off debt in exchange to access to other government officials? Well, with that hypothetical, Jen, obviously, I don't love that, but I don't know who exactly you're talking about. I don't know the full details. What I find with these stories is that you never want to comment in a purely abstract way, because a lot of times the details really matter, and the details in the context and form the reality of the situation. So of course, I don't like anybody selling access to another government official, certainly a high-level government official. But I assume you're talking about a specific case. And I can't say with confidence that the case you're talking about is actually reflective of the way you're describing it. No insults you, by the way, but context really matters on this stuff. So I'd like to get the full story before offering a real opinion. A good lesson for a politician is never speak about something. You don't have the full facts on. And I just don't have the full facts on that one. Then he was asked this question by reporters, how do you define socialism? And he says, the way I guess I defined it in America, it's like that they want men to play in women's sports. Dude, what are you talking about play this clip? How do you define socialism personally? And why do you think socialist can? That it's popping up everywhere across your country? Oh, man. I guess it's honestly-- it's a hard term to find these days, because very often, socialism-- classically, you would think socialism is about prioritizing workers. And yet, in reality, I guarantee that most of the self-described socialists running across the United States of America are going to have about this announcement today, which is prioritizing American workers over foreign workers. So I don't know what the term means anymore. I think in reality, what it actually means in the American context is that you want to replace American workers with foreign workers and you want boys to play in girl sports. That's what unites the socialists that I see running across the United States of America today. You know, under the American people are turning against this Trump regime and turning against them very quickly. I mean, the mega people, independence, especially. Take a look right here. For example, let's zoom in on Ohio. Let's play this clip. 2% look at Donald Trump's approval rating in the Buckeye State. He is down to 36% job approval in Ohio. A state he won three times, John, disapproval at 64%. That is a minus 28% point underwater situation for there. And just you noted what the 2024 presidential result was there. He beat Kamala Harris in Ohio by 11% points just two years ago, John. So you are looking at a state that we have over our careers covering American politics has gone from a true toss up battleground state to a pretty red state. And we see it swinging back to this cycle a bit. Then you have Maga Mike Johnson openly discussing his plans if Republican lose the house in November. As panicked, Maga Republicans privately plot his replacement. One Republican told Fox News Johnson is done. And this is what he told state regime media Fox this morning. Heaven forbid, if we lose this majority or whatever, I don't know what the next chapter of my life is. If God moves on our hearts and says we should, you know, go back to my hometown of Trevor Port and start a long business. I'll do that with equal fervor. I mean, I just want to be of my highest and best use to God and to my country till the very end, using religion to deceive and manipulate and now to play the victim talking about playing the victim. The Midas Touch Network exclusively reported this morning, how all these Maga Republican candidates, I kid you not, are begging donors to help fund their fuel costs because the fuel costs are so expensive. As gas prices soar and mid-Donald Trump's war in Iran, Republican Senate candidates are asking their own supporters, please donate money. Like look at this from Maga Republican Senator Dan Sullivan in Alaska. He says to continue ushering in Americans golden age, here's what I need. Your donation will instantly go to fund things like pay for gas. As we visit isolated rural areas of Alaska, people can't afford their own gas because of people like you, Dan Sullivan, and you're begging for money to pay for your gas. Are you kidding me? Then you had Susan Collins who did a trotious in that main debate. Did you see that hat tip, Troy Jackson? He did a good debate, Troy Jackson. Susan Collins says organizing a tour of this scale takes a lot of coordination, enthusiasm, and quite literally fuel. So she said, can you donate money for fuel? Meanwhile, you take a look at this latest exclusive from the New York Times, the depths of depravity of the Trump regime. So Donald Trump put in Mark Levin's stepson to hold a major diplomatic position in Israel and be a top aid to ambassador Mike Huckabee. And the guy's name is David Milstein. He's also the guy who we reported who was having a wedding, and he was asking to take in like donations for his wedding. Remember that? Well, a top aid, David Milstein in Israel to Huckabee, has been systematically suppressing and rewriting embassy reports and cables to portray Israel favorably. He killed an urgent cable warning that Israel's record settlement approvals, potentially violated Trump's own red line against West Bank annexation. He rewrote reports on deadly chaos at the Gaza-A distribution sites. to declare the operation a success while omitting mass casualties, block detailed reports on investigations into nine Palestinian-Americans killed by settlers, soldiers, stonewall and congressional inquiries, and you can go on and on and on over there. And then while all of this is taking place, Donald Trump bought up $25 million in meta and millions in SpaceX debt in August. As Trump manipulates the markets in this morning, as we saw the markets tank, as we saw Treasury yield surge, as we saw gas rise 5%, as we saw Iran striking more tankers in the Strait of Hormuz, as very little tankers were getting out, not 22, is making up 22 million barrels. No, it's probably about 8 to 10 million barrels are getting out. And then the cost of getting those barrels out, as I said, from the very large crude container strips, are like $1.5 million a day. Trump bought up 25 million in meta and millions in SpaceX debt in August. That's what he's focused on. As much as 5 million in SpaceX, two days before he signed a sweeping policy aimed at expanding U.S. commercial space transportation. And by the way, think about the message he sends to Iran right now. One, you've got 30 days, do whatever you want, we are not going to strike before the midterms. So free reign over there. And by the way, the U.S. only has one aircraft carrier in the region, the U.S. S. George Washington, the George H.W. Bush is in Puket, Thailand right now. One of the reasons Iran's escalating is that they wanted to call Trump's bluff. They wanted to push him in a corner. They wanted to see how he responded and he responded, as you just saw, there you have it. Let me know what you think. Hit subscribe. Let's get to 7 million subscribers. Thanks everybody. We appreciate you. Before you go, our book, WTF America is available for pre-order now. It's the story of how we got here and how we fight our way back. To pre-order, scan the QR code or click the link in the description. Let's do this.

Podcast Summary

Key Points:

  1. Wise offers transparent, fee-free international money transfers with exchange rates matching those seen on Google, helping users avoid hidden costs.
  2. Claims of no fees on overseas transfers are misleading; many providers hide extra charges and manipulate exchange rates to profit.
  3. Iran has been actively striking tankers in the Gulf of Oman and Strait of Hormuz, disrupting oil flows and costing millions daily in recovery and lost cargo.
  4. U.S. military losses in the Iran conflict have risen significantly—Congressional Research Service now reports 81 aircraft lost, including 42 drones, challenging earlier claims.
  5. U.S. officials, including Marco Rubio and Trump allies, face criticism for promoting military equipment and deflecting media scrutiny without full facts.
  6. Donald Trump’s statements about letting attacks hit cities like Los Angeles or San Diego are widely seen as irresponsible and escalatory, despite claims of protecting major urban centers.
  7. Allegations of political grifting, including ambassador Kimberly Gilfoyle and donations from Trump allies, reveal a pattern of financial and political misconduct.
  8. Rising fuel and energy costs, combined with geopolitical instability, reflect market manipulation and a growing public backlash against the Trump administration.

Summary:

Wise is presented as a reliable, transparent alternative for international money transfers, offering competitive exchange rates and no hidden fees, in contrast to misleading claims from other providers. , with Iran launching multiple tanker attacks in key oil routes, disrupting supply chains and increasing costs. S.

military losses in the region have risen sharply, with official reports now indicating 81 aircraft destroyed or damaged, challenging prior claims. S. political figures, including Marco Rubio and Trump allies, face criticism for promoting military sales and deflecting scrutiny on allegations of corruption, such as ambassador Kimberly Gilfoyle’s alleged debt-for-access dealings.

Trump’s public statements about allowing attacks on major cities are seen as dangerous and irresponsible, while his personal investments in tech firms like Meta and SpaceX contrast with his administration’s aggressive foreign policy. A growing public backlash emerges, especially in key states like Ohio, where his approval has dropped significantly. The narrative underscores widespread distrust in the Trump administration’s transparency, accountability, and foreign policy, even as it continues to influence markets, military actions, and political funding.

These developments collectively signal a deepening crisis in both international relations and domestic political legitimacy.

FAQs

Wise helps users send, spend, and receive money in over 40 currencies using transparent exchange rates similar to those seen on Google, avoiding hidden fees and costs.

No, Wise does not charge hidden fees for overseas transfers. The exchange rate is fixed and transparent, matching what you'd see on Google to avoid unexpected costs.

Wise uses real-time exchange rates that match what users typically see on search engines like Google, helping millions save billions by avoiding hidden fees and markups.

People are often fooled by providers that promise no fees but hide extra costs and inflated exchange rates. Wise avoids this by offering clear, fair pricing and transparent rates.

The Strait of Hormuz is a critical chokepoint for global oil shipments; disruptions there, such as tanker strikes by Iran, can significantly impact global oil prices and supply.

No, there is no credible evidence that 22 million barrels of oil flowed through the Strait of Hormuz last night. Reports of such a volume are factually inaccurate and inconsistent with data.

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